Tripura Minimum Wages has been revised by the Government of Tripura. Official notification has been published on 21st June, 2021 vide notification number: F.87 (30)-LAB/ENF/MW/Shops/2002(A)/1388-98.
As per the notification the Government of Tripura, revised the Variable Dearness Allowance (VDA) on the basis of 6 month average Consumer Price Index number for the period of 12 months starting from 01.01.2020 to 31.12.2020 over the previous average viz 5076 over 4814 average Consumer Price Index for different categories of workers engaged in the employment of ” Shops and Establishment” in Tripura.
It is directed by the Government to all the establishment covered under the purview of Shops and Establishment Act to implement the new Variable Dearness Allowance effective from 01st April, 2021.
The skilled wise effective minimum wages has been provided in the below chart: (all values in rupees)
Tripura Minimum Wages Notification Schedule
Category of Workers
Minimum Basic Wages
Previous VDA
Present VDA
Total Minimum Rate of Wages(B+C+D)
A
B
C
D
E
Skilled
6607.00
656.17
354.82
7618.00 Per Month
Semi- Skilled
5908.00
586.56
317.29
6812.00 Per Month
Un-skilled
5385.00
534.47
289.19
6209.00 Per Month
The employer required to make monthly payment of salary to their employees as per the above list effective from 01.04.2021.
The Consumer Price Index (CPI) is a unit that measures the changes over the time of the prices of general goods and services consumed by a reference population group. It is generally calculated by taking the price changes of each item or services consumed and averaging them. Changes in the Consumer Price Index are used to assess the changes associated with cost of living.
The Consumer Price Index (CPI) is a statistical technique used to measure the period of inflation or deflation as well as it is an constructive tool to see the effectiveness of Government policies.
Formula for Consumer Price Index Calculation
Consumer Price Index (CPI) is calculated using the below formula for the current period:
CPI=Cost of the market basket in the current period/Cost of market basket in the base period*100
Here the cost of market basket means the weighted average of the price of good and services in the basket consumed by the reference population.
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